LEI Operating Arm Should Be Lean And Fast, Say Basel Delegates

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Private sector representatives have said the operating arm of the legal entity identifier (LEI) should be lean and fast, and have expressed their desire to begin using the identifier as soon as possible, at a meeting arranged by the Financial Stability Board (FSB) in Basel this week.

The two-day meeting was called to allow members of the Private Sector Preparatory Group (PSPG) to present the findings of their work on different aspects of the LEI and to allow service providers to present their

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